ADIA to Feed Capital into SC Partners Data Center Efforts

Posted on 11/23/2022

The Abu Dhabi Investment Authority (ADIA) formed a joint venture with Singapore-based SC Capital Partners Pte Ltd. The JV will target data centers across the Asia Pacific region with a primary focus on Japan, South Korea, Singapore, and Australia. The JV has potential to scale up to US$ 2 billion of equity over time.

In addition, ADIA is investing into SC Capital Partners’ pan-Asian opportunistic investment strategy fund.

Earlier, SC Partners created its pan-Asia data center platform called SC Zeus Data Center. SC Zeus Data Center is headquartered in Singapore. SC Zeus Data Centers will be the operating partner for the new data center investment program.

According to SWFI transaction data, ADIA and other global asset owners have been active in the data center industry for the past decade.

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